How New Tariffs on Mexico, Canada and China Are Hitting U.S. Consumers | WSJ
February 3, 2025
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5:17Now PlayingHow New Tariffs on Mexico, Canada and China Are Hitting U.S. Consumers | WSJ
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as posted by the channelPresident Trump’s aggressive move to place tariffs on imports from Canada, Mexico and China could trigger a trade war. Mexican President Claudia Sheinbaum negotiated with Trump at the last minute, putting tariffs on Mexico on hold for a month. Meanwhile, Trudeau and Canada are planning on responding to the U.S. trade action with 25% tariffs of their own on specific products like lumber, household appliances and fruit.
WSJ’s economics reporter Jeanne Whalen explains how the tariffs can drive up prices for consumers.
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